This class was created by Brainscape user Daniel Baron. Visit their profile to learn more about the creator.

Decks in this class (54)

1.1.1 Set Theory
What is an element in set theory 1,
What is a set 2,
What is a sample space 3
10  cards
1.1.2 Probability Theory
What is probability 1,
How do we denote the probability ...,
What are the three basic properti...
9  cards
1.2.1 Conditional Probability
What is conditional probability 1,
What is the formula for condition...,
What is the formula for condition...
5  cards
1.2.2 Independence
What does it mean for two events ...,
What equation characterizes indep...,
How is mutual exclusivity differe...
5  cards
1.3.1 Bayes' Theorem
What s the formula for bayes theo...,
What are the conditions under whi...
2  cards
1.4.1 Sampling without Replacement
What does sampling without replac...,
What is the definition of a facto...,
What does n represent 3
9  cards
1.4.2 Sampling with Replacement
What does sampling with replaceme...,
What is the key difference betwee...,
How many 3 letter codes can be ma...
9  cards
1.4.3 Calculating Combinatorial Probabilities
What is the general formula for c...,
In sampling with replacement do y...,
Can you switch between permutatio...
3  cards
2.1.1 Probability Functions (PMFs and PDFs)
What is a probability density fun...,
Why can t a pdf provide exact pro...,
How do you find probabilities usi...
8  cards
2.1.2 Cumulative Distribution Functions (CDFs)
What is a cumulative distribution...,
How is the cdf of a random variab...,
How do you compute the cdf for a ...
9  cards
2.1.3 Survival Functions
What is the def of a survival fun...,
What does a survival function tel...,
What is the relationship within a...
3  cards
2.1.4 Mixed Distributions
What is a mixed distribution 1,
What are the three types of mixed...,
What happens when you integrate t...
9  cards
2.1.5 Hazard Rate Functions
What does a hazard function measu...,
What is the formula for the hazar...,
Can the hazard rate be greater th...
3  cards
2.2.1 Expected Value
How do you take the n th moment o...,
How do you take the n th moment o...,
What are important properties of ...
4  cards
2.2.2 Conditional Expectation
What is conditional expectation c...,
What does conditional expectation...,
What does conditional expectation...
3  cards
2.2.3 Survival Function Method
What must be true abt the random ...,
What s the expected value formula...,
What s the expected value formula...
6  cards
2.2.4 Variance
What is a raw moment 1,
What is a central moment 2,
Whats the shorthand way to calc v...
5  cards
2.2.5 Coefficient of Variation
What is the coeff of var eqn 1,
What does the cv measure 2
2  cards
2.3.1 Percentiles and Median
How is pth percentile denoted 1,
What is the smallest value of _p ...,
What is the smallest value of _p ...
4  cards
2.3.2 Mode
What is the mode 1,
What does the term bimodal mean 2,
What if the pdf has no critical p...
3  cards
2.3.3 Skewness and Kurtosis
What does skewness measure in a d...,
What does zero skewness indicate 2,
What does positive and negative s...
8  cards
2.4.1 Discrete Uniform
What is a discrete uniform distri...,
What is the mean expected value o...,
What is the variance of a discret...
3  cards
2.5.1 Bernoulli
What is the bernoulli distribution 1,
What is the probability mass func...,
What is the mean expected value o...
6  cards
2.5.2 Binomial
What is a binomial distribution 1,
What conditions must be met for a...,
What is the mean expected value o...
4  cards
2.6.1 Hypergeometric
What type of trails would we use ...,
What is the hypergeometric pmf fo...,
What are e x and var x of a hyper...
4  cards
2.7.1 Geometric
What is a geometric distribution 1,
What are the key assumptions of a...,
What is the geometric survival fu...
7  cards
2.8.1 Negative Binomial
What does the negative binomial d...,
What is the relationship between ...,
What is the pmf of the negative b...
6  cards
2.9.1 Poisson
What is the poisson distribution ...,
What is the pmf of the poisson di...,
What is the mean and variance of ...
6  cards
2.10.1 Continuous Uniform
What is a continuous uniform dist...,
What does the pdf of the continuo...,
What is the cumulative distributi...
6  cards
2.11.1 Exponential
Whats the relationship between th...,
What is the pdf of the exponentia...,
What s the value of do to the exp...
9  cards
2.12.1 Gamma
What is the gamma distribution us...,
What is the pdf of the gamma rv 2,
What are 3 characteristics of t 3
8  cards
2.13.1 Normal
What are the two parameters of a ...,
What happens to the normal distri...,
What is the formula to convert a ...
6  cards
2.14.1 Lognormal
What is a lognormal distribution 1,
What s the key relationship betwe...,
What is the pdf of a lognormal di...
7  cards
2.15.1 Beta
What is the support of the beta d...,
How do you write the beta distrib...,
What is the pdf of the beta distr...
7  cards
2.16.1 Shifting and Scaling
What does it mean to shift a rand...,
What does it mean to scale a rand...,
What s the effect of shifting x o...
17  cards
3.1.1 Joint Probability Mass Functions
What are important properties of ...
1  cards
3.1.2 Joint Cumulative Distribution Functions
What is the joint cdf of two rand...,
How do you compute the joint cdf ...,
What values must a joint cdf fall...
12  cards
3.1.3 Marginal Distributions
What is a marginal distribution 1,
How do you find the marginal dist...,
How do you find the marginal dist...
11  cards
3.1.4 Joint Moments
What is a joint moment 1,
How do you calculate a joint mome...,
What does it mean for the expecta...
4  cards
3.2.1 Conditional Distributions
What is a conditional distribution 1,
What is the conditional distribut...,
When is it necessary to calculate...
14  cards
3.2.2 Weighted Average, Double Expectation, and the Law of Total Variance
What does the weighted average me...,
What is the general formula for t...,
What is the formula for the cdf o...
11  cards
3.3.1 Independent Random Variables
Blank 1
1  cards
3.4.1 Covariance
What is the defintion for covaria...,
What is the shortcut formula for ...,
What is cov x x 3
13  cards
3.4.2 Correlation Coefcient
Why is covariance not ideal for c...,
What is the formula for the corre...,
What is the range of the correlat...
6  cards
3.5.1 Multinomial
What is the joint pmf formula for...,
What are the conditions for the m...,
What is the mean and variance of ...
5  cards
3.6.1 Summation of Random Variables
What does it mean that variables ...,
How should you treat the expectat...,
What distrubition does the sum of...
10  cards
3.6.2 Average of Random Variables
How you express mathematically th...,
What is the expectation of the av...,
What is the variance of the avera...
4  cards
3.6.3 The Central Limit Theorem
What is the central limit thrm 1,
Whats the basic gist on solving a...
2  cards
3.6.4 Normal Approximation of Discrete Random Variables
What s the big idea behind using ...,
Why do we need a continuity corre...,
What is the continuity correction...
4  cards
3.7.2 Order Statistics of Independent Random Variables
What is an order statistic 1,
What are the definitions of the f...,
What are the 1st and nth order st...
5  cards
4.1.1 Insurance Payment
What is an insurance payment 1,
What is a deductible 2,
How do you we think of a deductib...
6  cards
4.1.2 Unreimbursed Loss
What is unreimbursed loss 1,
How do we represent a unreimburse...,
How do we find the expected value...
5  cards
4.2.1 Insurance Payment with Policy Limit Only
What is a policy limit in insuran...,
How is a policy limit expressed m...,
How is a policy limit expressed m...
5  cards
4.2.2 Insurance Payment with Policy Limit and Deductible
0  cards

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